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Flash Summary
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E-Malt.com Flash 25a
June 17 - June 19, 2013
Quote of the Week
The only way to do great work is to love what you do.
If you haven't found it yet, keep looking. Don't settle.
Steve Jobs
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Currency Rates
Base Currency: Euro
on June 19, 2013 |
Base Currency: US Dollar
on June 19, 2013 |
| |
1 EUR = 1.3375 USD
1 EUR = 0.8538 GBP
1 EUR = 1.3639 CAD
1 EUR = 1.4082 AUD
1 EUR = 127.1710 JPY
1 EUR = 2.9083 BRL
1 EUR = 42.7255 RUB
1 EUR = 8.2495 CNY
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1 USD = 0.7478 EUR
1 USD = 0.6384 GBP
1 USD = 1.0198 CAD
1 USD = 1.0529 AUD
1 USD = 95.0888 JPY
1 USD = 2.1745 BRL
1 USD = 31.9455 RUB
1 USD = 6.1681 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| June 19, 2013 |
| Type |
Crop 2012 |
Crop 2013 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
197.00-199.00 |  1.98% |
208.00-210.00 | 1.42% |
| 6rw Barley |
192.00-194.00 | 1.53% |
200.00-202.00 | 0.99% |
| 2rs Malt |
396.00-398.00 | 1.22% |
405.00-407.00 | 0.90% |
| 6rw Malt |
390.00-392.00 | 0.94% |
395.50-397.50 | 0.62% |
| Feed Barley |
173.00-175.00 | 2.79% |
178.00-180.00 |  |
Note: Just click
here
and you will be led to our Market Price History. These are average French barley market prices estimated on FOB Creil basis. The theoretical average malt prices are based FOB Antwerp being estimated on French malting barley. The changes are compared to last Newsletter's prices. Arrows indicate the direction of the change.
India: SABMiller India appoints Grant Liversage as new managing director
...Click here
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Namibia: New SABMiller’s 260 000 hectolitre brewery in Okahandja
...Click here
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South Korea: The Hite Brewery installed UV water disinfection systems
...Click here
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World: Barley production to increase by 6% in 20103/14
...Click here
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Romania: Barley crop expected at 1 mln tonnes this year, virtually unchanged from last year
...Click here
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World: Analysts expect 2013/14 crop year to bring back “normality”
...Click here
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EU: European Commission lifts grain crop estimate despite this month’s flooding
...Click here
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USA: Weather to influence cash barley markets for the next two to three months
...Click here
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Egypt: The volume of beer sales rebounded strongly in 2012
...Click here
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Czech Republic: Interest in mixed beer drinks in pet packaging is on the rise
...Click here
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EU: Winter barley needed to fill total demand by malting industry
...Click here
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Russia: Winter barley harvesting starts in southern regions
...Click here
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Graph of the week
Source: USDA, May 2013
Table of the week
EU-28 Total Barley and Malting Barley Production
Prices Evolution
Barley Prices
Theoretical Malt Prices
Average Seafreight Rates by Destination
Port of Origin: Antwerp, Belgium
Scientific Digest
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The hop flavour database
ABSTRACT
By number, about 450 flavour volatiles in beer are hop derived. In this very ambitous work, M.
Zunkel catalogued all this components according to their origin, flavour thresholds, flavour
description, molecular structure and references. The outcome is an impressive excel list that could be called the hop flavour bible. An excerpt of the database was presented as a poster at the ASBC annual meeting and the entire database will soon be available through the ASBC.
Read more
Source: Barth Innovations
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These Days in Business History
June 6
1875 Netherlands goes on the gold standard
1882 Electric iron patented by Henry W Seely, New York City
1925 Walter P. Chrysler founds the Chrysler Corp. as successor corporation to the failing Maxwell Motor Car Co.
June 7
1775 United Colonies change name to United States
1887 Monotype type-casting machine patented by Tolbert Lanston
1965 Sony Corp introduced its home video tape recorder
June 8
1824 Washing machine patented by Noah Cushing of Quebec
1916 Francis Harry Compton Crick is born in Northampton, England. In 1953, working with James Watson, he discovers the double-helix molecular structure of DNA, the building block of life (and of the biotechnology industry)
1955 Tim Berners-Lee, future inventor of the World Wide Web, is born in London
June 9
1822 Charles Graham patents false teeth
1869 Ives W. McGaffey of Chicago patents 1st vacuum cleaner
1994 Jan Tinbergen, Dutch economist (Plan of Labor, Nobel 1969), dies at 91
Agenda
June 2013:
25-27: Brasil Brau 2013 (Sao Paulo, Brazil)
28: III Field Day of Malting, Kvass and Beer Brewing Industry in Russia (Oboyan, Russia)
July 2013:
17-19: China BevTek 2013 (Shanghai, PR China)
August 2013:
06-09: 4th Iberoamerican VLB Symposium 2013 (Buenos Aires, Argentina)
September 2013:
10-12: V Anniversary International Scientific and Practical Conference "Equipment Facilities and Raw Material Base for Malting, Kvass and Beer Brewing Production" (Moscow, Russia)
16-20: Drinktec 2013 (Munich, Germany)
21/09 -06/10: Oktoberfest (Munich, Germany)
26-28: Stockholm Beer and Whisky Festival 2012 (Stockholm, Sweden)
October 2013:
03-05: Stockholm Beer and Whisky Festival 2012 (Stockholm, Sweden)
30/10 - 01/11: The Latin American Barley Congress (Bahia Blanca, Argentina)
More events are available on site e-malt.com
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Brewery News
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Mexico: Heineken may build a new brewery in Mexico
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Heineken NV, the world’s third-largest beer maker, may build a new brewery in Mexico as it wins back market share lost after its 2010
...More info on site
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India: SABMiller India appoints Grant Liversage as new managing director
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SABMiller Plc, one of the world’s top brewers, said its India managing director Paolo Lanzarotti is moving to head the company’s operations in the
...More info on site
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Namibia: New SABMiller’s 260 000 hectolitre brewery in Okahandja
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SABMiller, one of the largest breweries in the world, has intensified its efforts of constructing a US45,7 million plant in Namibia despite existing competition
...More info on site
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Egypt: The volume of beer sales rebounded strongly in 2012
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The increase in drinking and partying is a bit easier to explain when you consider that Egypt was the first nation on earth to ferment barley to produce what known today as beer, The Media Line, The Media Line posted on June 15th.
The tradition of drinking beer is well accepted among many Egyptian Muslims and non-Muslims despite the fact that there is a prohibition against drinking intoxicants in the Koran.
While most Egyptians don't drink alcohol in public, preferring to drink privately at home, there is still a growing demand for alcohol consumption that created a need for more bars and nightclubs in Cairo and Alexandria.
Indeed, the large increase in alcohol consumption is a sobering thought considering the tense political and economic situations in Egypt. While some social unrest remains, the volume of beer sales in Egypt rebounded strongly in 2012, reflecting a partial recovery in tourism and more drinking by young Egyptians.
According to statements by the spokesman for the Dutch beer Heineken, alcohol consumption in Egypt increased in 2012 despite the 2011 revolution and drop in the number of tourists. Heineken made over $300 million in profits from beer sales in Egypt last year.
According to
...More info on site
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Czech Republic: Interest in mixed beer drinks in pet packaging is on the rise
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Over the last few years, popularity of PET packaged drinks among consumers has been on the rise,SABMiller in Czech Republic reported on June 13th .
In segments of mixed beer drinks, this type of packaging represents 15% of sold volume while during the same time period last year, it was only 7% (January - May 2013 vs. same time period of last year, modern market, source: Nielsen). Consumers value the practicality especially. It provides them with a certain comfort during consumption. "PET bottles are light, strong and repeatedly closeable. Czechs simply see its advantages and so its market share is on the rise," said Miroslav Peichl, brand marketing manager of Gambrinus. New packaging should support another boost in the interest in mixed beer drinks from Gambrinus that is sought after by consumers, especially for its pleasant taste and content. "Besides the characteristic, well-balanced taste of the traditional and popular Gambrinus beer, the fruit flavour results in low calories because there are no sweeteners or preservatives," Peichl added. Recommended retail price of one PET bottle of Gambrinus Flavoured is 42,90 CZK (about 2.00 USD).
During Summer 2012, mixed drinks reached 10% share in the total beer market and thus became the fastest-growing
...More info on site
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South Korea: The Hite Brewery installed UV water disinfection systems
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The Hite Brewery recently installed 25 Hanovia UV water disinfection systems at its Massan and Gangwan plants. The UV systems ensure water used in
...More info on site
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Barley News
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World: Barley production to increase by 6% in 20103/14
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The International Grains Council (IGC) forecast world barley production at 138 mln tonnes in 2013/14, the highest in four years, due to increased plantings
...More info on site
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Romania: Barley crop expected at 1 mln tonnes this year, virtually unchanged from last year
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Romania’s barley crop is expected at 1 mln tonnes this year, in line or maybe slightly up compared to the crop last year and
...More info on site
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World: Analysts expect 2013/14 crop year to bring back “normality”
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All official and private analysts seem to agree that the crop year 2013/14 will bring back "normality", i.e. much lower and stable price levels.
...More info on site
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EU: European Commission lifts grain crop estimate despite this month’s flooding
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The prospect of near-record yields in Spain, and benign conditions in Romania, spurred the European Commission to lift hopes for the bloc's grains harvest despite this month's "vast flooding" which has hit German crops, Agrimoney.com reported on June, 17.
The commission's Mars agriculture division hiked its estimate for the barley yield in Spain - the EU's biggest producer of spring barley - by 0.6 tonnes per hectare, raising the forecast for the soft wheat result too by 0.2 tonnes per hectare thanks to the country's "good crop conditions".
"Yield potentials both for winter and spring cereals are among the highest ever," Mars said, flagging the impact of below-normal temperatures in preserving soil moisture and "favouring the ripening of winter crops in southern regions".
Temperatures averaging up to 4 degrees Celsius below normal have "permitted the maintenance of sufficient soil moisture, despite the cumulated precipitation during the past month having been lower than the long-term average for most regions".
Prospects for harvests in Hungary and Romania too were upgraded, thanks to abundant rainfall, albeit so much that they "created favourable conditions for plant pests and disease".
Nonetheless, in Hungary "frequent and abundant rainfall in May", which had kept "the soil moisture content at optimal level", prompted
...More info on site
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USA: Weather to influence cash barley markets for the next two to three months
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The US cash barley markets will be taking their cue from what Mother Nature has to offer in the form of weather for the
...More info on site
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EU: Winter barley needed to fill total demand by malting industry
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As in former years, winter barley is needed to fill the total demand of the malting industries. According to an industry analysts’ report earlier in June, cautious estimates are as follows:
French total winter barley is forecast to reach 7.3 mln tons, of which 1.8 mln tons malting varieties, plus a large quantity of the compromise variety Cervoise.
Germany total winter barley is expected at 7.8 mln tons, of which 100 - 200,000 tons of two-row malting varieties.
U.K. total winter barley crop is forecast at 2.0 mln tons, of which 1.0 mln tons selectable malting barley.
Weather will decide about the final results of the crop. These figures are supposed to show that there is by no means a comfortable surplus situation, but total supplies should be sufficient with the help of winter barley, analysts said.
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Russia: Winter barley harvesting starts in southern regions
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Russia, one of the world's key wheat exporters, has started the winter barley harvesting campaign in its southern regions of Krasnodar and Stavropol, responsible for the country's largest grains production and cereal export via the Black Sea, Business Recorder reported on June, 16.
Russia, historically the third-largest wheat exporter in the world, targets a large grain crop this year to replenish stocks after last year's drought and to boost its exports.
The harvest campaign in the Krasnodar and Stavropol regions began early, ten days ahead of the plan, the Agriculture ministry said in a note on June, 14. These regions have harvested 148,300 tonnes of grain from 27,700 hectares, with yields at 5.28 tonnes per hectare, up from 2.98 tonnes at the start of the campaign last year. Massive harvesting of other grains in the southern and north Caucasus federal districts was expected to start in the last ten days of June.
As to the spring grain-sowing campaign, the country sowed 0.2 percent more grain than planned, on acreage of 30.4 million hectares by June 13, an annual increase of 505,000 hectares. Spring wheat sowing was completed on 98 percent of acreage, or on 12.6 million hectares, due to late
...More info on site
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